Lets look at todays trading pattern. This AM PPs went from $3.14 to $3.00, during that time trade size was mostly 1 to 5k. From 10:30 to 11:45 The PPs fluxed $3.02 to $3.05 With mixed trade size (ball park 60/40) (1 to 5k/ 100 to 500). Lunch hour retail felt todays bottom reached and trade size became mostly all under 500k at $3.02/$3.03.
Watch the large trades come back as PPs lowers this afternoon.
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